Beauty and hair salons (or related services) run the gamut from basic haircuts to luxury spa-based experiences, but all are ripe with opportunity for a talented entrepreneur. Translating your skill in these personal services into a lucrative career can be easier and more secure when you decide to become a franchise owner. Consumers trust names they are familiar with, particularly when it comes to their hair care and other personal maintenance. The right franchise opportunity helps you attract clients and keep them thanks to an established reputation.
Did You Know?
Revenue for hair care in the United States is expected to reach $13,043.3 million in 2021.
SOURCE: SOURCE: Statista
On average, each American consumer spends approximately $38 on hair care a year.
SOURCE: SOURCE: Statista
24% of all beauty products sold in the United States are hair care products.
SOURCE: SOURCE: WordPress (Beauty Meraki)
Beauty salon revenue is expected to grow annually at a rate of 3.2% to $58.7 billion by 2019.
SOURCE: SOURCE: IBISWorld
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